News & Media

Vancouver, Canada — June 11, 2018 — Renaissance BioScience Corp., a leading global yeast technology company, is pleased to
announce the appointment of Janet Meiklejohn as its Chief Financial Officer (CFO). Ms. Meiklejohn brings to the position extensive and wide-ranging
experience at the executive level in capital markets, finance and business development. Ms Meiklejohn will replace company co-founder Maurice Boucher,
who has held the CFO position since company inception. Mr. Boucher will shift his priorities within Renaissance to concentrate on and expand his duties
as Executive Chairman.

Ms. Meiklejohn brings more than 20 years of capital markets experience at a number of financial institutions including Macquarie Canada, National Bank
and Desjardins Securities advising institutional investors on their portfolio investments and raising capital for companies in both the public and
private markets. Most recently, she was interim CFO and VP Corporate Development at Qu Biologics, a private biotech company. While serving in this
role, Ms. Meiklejohn managed all aspects of financial planning and analysis, and worked closely with the company’s executive team and Board of Directors
to help guide strategy, organizational structure, strategic partnerships and other matters. Ms. Meiklejohn began her career as a CPA at Ernst &
Young. She holds a Bachelor of Business Administration from the Paul Hill School of Business at the University of Regina and an MBA from the Richard
Ivey School of Business at the University of Western Ontario.

“We are excited to welcome Janet to Renaissance as our new CFO as we make the transition to a public markets listed company,” said Dr. John Husnik, Renaissance
CEO. “ Janet brings extensive financial, operational and strategic experience. This combined with her experience working with high-growth companies
in mergers and acquisitions, capital structuring and investor relations will be a huge asset to Renaissance as we enter our next phse of growth, expanding
our technology platform and partnerships into other industries. He added, “I wish to think co-Founder, Maurice Boucher, for his past 5 years of taking
responsibility for the CFO role. As co-Founders we both recognize the need for Renaissance to continue to add to its executive team skills and experience
as the company enters it’s next phase of development and growth.”

“I am very happy to be joining Renaissance at such an exciting time. Over the past five years the company has transformed and grown its technology platform
to include commercial success with multiple product categories in the food and beverage markets. I look forward to building on this strong scientific
technology platform and helping the team to establish further high profile partnerships and expand commercialization in other industries in addition
to our current food and beverage industry commercial contracts,” commented Janet Meiklejohn.